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Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates through Global Lifestyle and Global Housing segments. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment protection, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and other products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $12.8B | - | $873M | $1.6B | 14.9% | 7.9% | 14.8% |
| 2024 | $11.9B | - | $760M | $1.1B | 14.9% | 6.7% | 18.3% |
| 2023 | $11.1B | - | $643M | $936M | 13.4% | 9.2% | 132.3% |
| 2022 | $10.2B | - | $277M | $411M | 6.5% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 10,193 | 11,131.60 | 11,877.50 | 12,814.30 |
| EBIT | - | 458.20 | 914.80 | 1,034.30 | 1,197.10 |
| Pretax Income | - | 349.90 | 806.80 | 927.30 | 1,087.40 |
| Tax Provision | - | 73.30 | 164.30 | 167.10 | 214.70 |
| Net Income | - | 276.60 | 642.50 | 760.20 | 872.70 |
| Net Income Common Stockholders | - | 276.60 | 635.50 | 752.50 | 865 |
| Total Expenses | - | 9,843.10 | 10,324.80 | 10,950.20 | 11,726.90 |
| Interest Expense | - | 108.30 | 108 | 107 | 109.70 |
| Normalized Income | - | 283.48 | 642.42 | 760.20 | 873.74 |
| Market Cap | 11,441.05 | 11,441.05 | 11,441.05 | 11,441.05 | 11,441.05 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Assurant, Inc.this co. | AIZ | $11.7B | 13.11 | 1.95 | 14.9% | - |
| Huntington Bancshares Incorporated | HBAN | $25.7B | 15.04 | 1.54 | 10.2% | - |
| Loews Corporation | L | $23.1B | 13.65 | 1.22 | 8.9% | - |
| T. Rowe Price Group, Inc. | TROW | $22.3B | 10.35 | 1.99 | 19.2% | 6.06 |
| Principal Financial Group, Inc. | PFG | $22.1B | 18.14 |
| - |
| - |
| - |
| - |
| 1.81 |
| 10.0% |
| - |
| Brown & Brown, Inc. | BRO | $20.6B | 21.28 | 1.79 | 8.4% | 14.32 |
| Franklin Resources, Inc. | BEN | $15.6B | 26.91 | 1.17 | 4.3% | 16.87 |
| Everest Group, Ltd. | EG | $14.5B | 8.64 | 0.89 | 10.3% | - |
| Globe Life Inc. | GL | $12.4B | 10.31 | 2.00 | 19.4% | - |
| Peer Median | - | 14.34 | 1.66 | 10.1% | 14.32 | |